If We Observe That When a Consumer's Income Rises by 10

question 4

True/False

If we observe that when a consumer's income rises by 10%, the quantity demanded of chocolate candy bars increases by 15%, then chocolate candy bars are are a normal good for that consumer.

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Definitions:

Ambiguous Genitalia

A condition where an individual's external genitalia do not appear clearly male or female, complicating sex determination at birth.

5-alpha Reductase Deficiency

A rare genetic condition where the body lacks or has insufficient amounts of the enzyme needed to convert testosterone into dihydrotestosterone, affecting male sexual development before birth and during puberty.

Dihydrotestosterone

A potent androgen hormone responsible for the development of male characteristics.

5-alpha Reductase Deficiency

A genetic condition that affects male sexual development, leading to atypical genitalia at birth.